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Tag: telefonica
Spain's Telefonica in talks to exit Telecom Italia: report
2014-07-11 22:18:22| Telecom - Topix.net
Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday.
Tags: report
italia
exit
telecom
EU court upholds 152m Telefonica fine
2014-07-10 02:00:00| Total Telecom industry news
Spanish incumbent tried to squeeze rival fixed-line providers out of the market with unfair wholesale prices.
Tags: fine
court
telefonica
upholds
Telefonica buys Mediaset stake in Digital+ for EUR 295 mln
2014-07-07 09:34:00| Telecompaper Headlines
(Telecompaper) Telefonica has agreed to acquire Mediaset's 22 percent stake in Spanish pay-TV platform Digital+ for an initial EUR 295 million. Telefonica said it had also agreed to pay Mediaset a further EUR 30 million in compensation for waiving its right of first refusal for the stake, a further EUR 10 million when it completes the acquisition of Prisa's 56 percent stake in Digital+ and an additional EUR 30 million depending on the future performance of the Spanish pay-TV market. In June Telefonica said it had closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent, a deal which is still subject to regulatory approval. If Spain's regulator green lights the deal, Telefonica would take full control of Digital+ and gain greater flexibility in integrating TV content into its Movistar Fusion convergent packages. The acquisition of Digital+ brings with it a large customer base in the form of the 1.6 million subscribers to pay-TV channel Canal+ and gives Telefonica access to Prisa's TV catalogue, including its rights to live Spanish football games. Mediaset is said to have accepted Telefonica's offer to free up funds to pay for the rights to televise Serie A, Italy's top-flight football league, between 2015 and 2018.
Telefonica invests 100m in Italian pay TV business
2014-07-07 02:00:00| Total Telecom industry news
Spanish incumbent announces its second European TV deal in as many months; Mediaset Premium seeks other international partners.
Tags: business
pay
italian
100m
Telefonica may buy stake in Mediaset's Italian pay-TV business-sources
2014-07-05 19:22:59| Telecom - Topix.net
Spanish telecoms company Telefonica is in talks to buy a stake in the Italian pay-TV business of Silvio Berlusconi's media group Mediaset, two people familiar with the situation said on Saturday.
Tags: buy
italian
stake
telefonica
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